Gate will Remove USDG and Swap USDG for USDT (Updated USDG Loan Repayment Method))

Gate is going to remove USDG and swap USDG for USDT at the ratio of 1:1.



Gate has now suspended USDG/USDT trading market and deposits and withdrawals in preparation for the USDG for USDT swap.





Before May 3, Gate will swap USDG balances at Gate accounts (including spot account, and finance account) for USDT for users at the ratio of 1:1 . After the swap, Gate users can use USDT anywhere USDG works, including redeeming their previous USDG loan.



USDG Crypto Loan Repayment (Updated Content)

To provide users a convenient USDG crypto loan repayment service, Gate has now provide a special channel for USDG repayment. Users can leave enough USDT in spot account and fill the form below to authorise us to conduct USDG repayment with USDT for you. We will process your request as soon as possible upon receiving your request.

Fill the form: https://www.gate.com/questionnaire/4460





Starting May 4, 2024, when we have completed USDG swap for balances at Gate, we will open the USDG deposits again and allow for USDG for USDT swap for circulating USDG in the long term.



Should you have any questions, don’t hesitate to contact our 24/7 customer support.

Thanks for your continued support.







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Gate Team

April 30, 2024